Saturday, 3 March 2012


'Italy ran primary surplus in 2011'

1.0% of GDP compared to zero in 2010, Istat says

02 March, 11:21
(ANSA) - Rome, March 2 - Italy ran a primary surplus in 2011 despite increasing economic difficulties, Istat said Friday.

The surplus, net current debt less debt-servicing costs, was 1.0% of GDP, the statistics agency said.

The ratio was zero in 2010, Istat added.